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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
11 August 2015, 09:53 AM
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#1 |
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"TRF" Member
Join Date: Jul 2012
Location: Maryland, USA
Watch: ExpII,DJ,SubC
Posts: 66
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Duty I paid on my oversea SubC purchase
I promised a while back i will tell you how much duty i will pay for SubC i purchased in Japan. Well, i got back to the states last week, entered US through Washington DC Dulles, declared the SubC purchase with the purchase price of $6500. Had to go to the customs and a customs guy pulled his calculator out and came up with the $160 duty. Paid it with my credit card.
So my purchase price overall for subC is $6660. Interesting number i must say... |
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11 August 2015, 09:56 AM
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#2 |
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"TRF" Member
Join Date: Jan 2009
Real Name: Larry
Location: Kentucky
Watch: Yes
Posts: 35,055
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Nicely done. Congrats on the sub!
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11 August 2015, 10:00 AM
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#3 |
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"TRF" Member
Join Date: Apr 2014
Location: Canada
Watch: 16710
Posts: 207
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How long were you in Japan for?
__________________
18038 | 16710 x 2 | 216570 | 214270 | 14000 | 79220N | 79280P x 2 | 3572.50 | 3576.50 |
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11 August 2015, 10:01 AM
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#4 |
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"TRF" Member
Join Date: Jan 2014
Location: Bay Area, CA
Posts: 109
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Nice!! Rock on!!!!
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11 August 2015, 10:06 AM
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#5 |
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2024 SubLV41 Pledge Member
Join Date: Nov 2012
Location: Bangkok
Posts: 6,124
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Wow, that's very reasonable
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Nil Satis Nisi Optimum |
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11 August 2015, 10:08 AM
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#6 | |
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"TRF" Member
Join Date: Jul 2012
Location: Maryland, USA
Watch: ExpII,DJ,SubC
Posts: 66
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Quote:
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11 August 2015, 10:18 AM
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#7 |
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"TRF" Member
Join Date: Jul 2015
Real Name: John
Location: California Coast
Watch: GMT, Sub C, Speedy
Posts: 203
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$160 isn't enough to even think about not declaring it. Had a friend who bought in Europe and wore it home without declaring it. He got away with it but he was a nervous wreck.
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11 August 2015, 10:22 AM
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#8 |
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"TRF" Member
Join Date: Sep 2014
Real Name: Larry
Location: Maryland
Watch: Saxonia Moonphase
Posts: 3,428
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That is certainly reasonable. Is there a published reference to support this in case someone makes a similar declaration and somehow ends up getting charged a much higher rate? Less than 2.5% almost seems too good to be true.
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11 August 2015, 10:31 AM
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#9 |
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"TRF" Member
Join Date: Mar 2014
Real Name: Steve
Location: TO CAD, HCMC VN
Watch: MP 18946
Posts: 7,292
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That is wonderful!!! Very cool!!!
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11 August 2015, 10:39 AM
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#10 |
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2024 SubLV41 Pledge Member
Join Date: Nov 2007
Real Name: Joe
Location: New Mexico
Watch: Explorer
Posts: 12,840
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Good on you for paying your customs duty. I think it's downright bad form not to and it bugs me no end when folks here brag about dodging their tax and duties. Doing it is one thing, but bragging about it is another.
$160 is piece of mind that you paid your tax and they're not gonna come back on you.
__________________
It's Espresso, not Expresso. Coffee is not a train in Italy. -TRF Member 6982- |
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11 August 2015, 10:45 AM
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#11 |
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"TRF" Member
Join Date: Sep 2014
Real Name: Jim
Location: Connecticut
Watch: this! Hold my beer
Posts: 2,839
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WAAAAY bck when I bought my Tag Heuer (1987/88 time frame) in Austria, I paid the VAT at purchase. When I got home, they mailed me a check.
I don't remember the amount of either the watch or the check but I still have the watch... |
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11 August 2015, 12:10 PM
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#12 |
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Banned
Join Date: May 2015
Real Name: Nick
Location: Cold Canada
Watch: 214270, 3570.50
Posts: 174
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Lucky you. I just checked with canadian customs calculator, and the same watch would cost a canadian $1720 CAD in taxes at the customs... that's $1315 USD at today's rate. Ouch.
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11 August 2015, 12:32 PM
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#13 |
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Banned
Join Date: Jul 2013
Real Name: Chaz
Location: Cherry Hill, NJ
Posts: 2,721
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Date or No Date?
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11 August 2015, 12:45 PM
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#14 |
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2024 SubLV41 Pledge Member
Join Date: Jan 2013
Location: USA
Watch: me hit Huge Lotto
Posts: 6,512
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Man... That Tag has been Tagged...lol You can't say you didn't get your use out of it...
 I always pay my tax and one day I hope I can travel somewhere far and buy a Rolly, and pay my Tax! 
__________________
“Every man Dies... Not Every Man, Really Lives.” – William Wallace - To really lives means to live your life to the fullest. It means to chase your dreams, take risks, and to love life. Since everyone’s fate is the same, why not live the best life that you possibly can? In order to really live,you must seize the day. Live each day as if it's your last and overall just do it! Today is a gift, that’s why it’s called the present... |
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11 August 2015, 01:21 PM
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#15 | |
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"TRF" Member
Join Date: May 2015
Location: US
Watch: BLNR
Posts: 97
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Quote:
 Also, did you have to declare it on your way into and out of China and Korea to avoid paying duty in those countries?
__________________
Rolex BLNR Omega Speedmaster |
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11 August 2015, 01:23 PM
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#16 |
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"TRF" Member
Join Date: May 2005
Real Name: Mark
Location: Seattle-ish
Posts: 6,078
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Sweet! Plus a great story of a world traveled watch.
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11 August 2015, 08:49 PM
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#17 | |
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"TRF" Member
Join Date: Jul 2012
Location: Maryland, USA
Watch: ExpII,DJ,SubC
Posts: 66
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Quote:
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11 August 2015, 08:56 PM
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#18 | |
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"TRF" Member
Join Date: Jul 2012
Location: Maryland, USA
Watch: ExpII,DJ,SubC
Posts: 66
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Quote:
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11 August 2015, 09:03 PM
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#19 |
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2024 ROLEX DATEJUST41 Pledge Member
Join Date: Feb 2007
Location: Japan
Watch: ing your back.
Posts: 16,179
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Outstanding. Nicely done.
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11 August 2015, 09:10 PM
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#20 |
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2024 SubLV41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 78,135
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Congratulations on your Sub, and for declaring it.
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11 August 2015, 09:11 PM
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#21 | |
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"TRF" Member
Join Date: Oct 2014
Real Name: Chopped Liver
Location: S. Wales Valleys
Watch: Mickey Mouse
Posts: 9,926
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Quote:
Well done and good score.
__________________
116520 Black, 116610 LVc, 116660 D-Blue, 116610 LNc, 116622 Blue, PAM359, PAM689, PAM737 "Why should you allow an AD to shake you down, just so you can buy a watch" - Grady Philpott  Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons |
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11 August 2015, 09:55 PM
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#22 |
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2024 SubLV41 Pledge Member
Join Date: Apr 2013
Location: NL
Watch: Yachtmaster
Posts: 14,763
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I would gladly pay duties which are reasonable.
Thing is if you want to import a Rolex into my country, mind you income tax 50% already, I would need to pay roughly 30% (21 VAT and 9 import duties) That is nothing short of legal robbery by the government imho.
__________________
Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
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11 August 2015, 10:03 PM
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#23 | |
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Banned
Join Date: Apr 2015
Location: Charlotte, NC
Watch: Rolex 14060M
Posts: 681
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Quote:
I paid $180 in duties on purchase of same watch from italy Sent from my iPhone using Tapatalk |
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11 August 2015, 10:32 PM
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#24 |
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2024 SubLV41 Pledge Member
Join Date: Jan 2010
Real Name: K.
Location: 780
Posts: 10,460
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That is unbelievably reasonable. Over here it would have been usd $3000. I'm not kidding.
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11 August 2015, 11:38 PM
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#25 |
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"TRF" Member
Join Date: Jul 2014
Location: Tokyo
Watch: cha talking about?
Posts: 2,919
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That's an amazing deal through and through. Was wondering about the duty so thanks for sharing
Wear it in good health
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11 August 2015, 11:56 PM
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#26 | |
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"TRF" Member
Join Date: Jul 2013
Real Name: Ian
Location: NY
Watch: All of them
Posts: 3,245
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Quote:
Yes. It is on the government's website. But, similar to every other government regulation it is impossible to interpret. It depends on the metal content, value etc. I was thinking of buying a Patek overseas, but I couldn't figure out what the duties would be. I even called three different customs officers and got three vastly different answers. I really think it boils down to how cool the officer is and what their interpretation is. Duties on a single watch is silly to customs officers. They are after bigger fish. So, I think they just arrive at a reasonable number (using the ambiguous guidelines) and charge you that.
__________________
Rolex, PPs, Breitling |
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12 August 2015, 12:06 AM
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#27 |
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2024 SubLV41 Pledge Member
Join Date: Jul 2009
Location: Cave
Watch: Sundial
Posts: 33,940
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Thanks for sharing.
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12 August 2015, 12:14 AM
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#28 |
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Banned
Join Date: Jan 2008
Real Name: Anastasios
Location: Athens Greece
Watch: Rolex GMT 1675
Posts: 8,497
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..2.5%... for peace of mind is great
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12 August 2015, 12:16 AM
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#29 |
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2024 SubLV41 Pledge Member
Join Date: May 2012
Real Name: Jim
Location: Westchester NY
Watch: Love em all
Posts: 5,920
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Good to know
__________________
Remember what matters. Value everyday
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12 August 2015, 12:29 AM
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#30 |
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2024 ROLEX DATEJUST41 Pledge Member
Join Date: Sep 2013
Real Name: Danny
Location: Bay Area CA
Watch: Yellow Gold
Posts: 20,314
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Thats not as bad as everybody makes it seem and congrats on your Sub
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